North American Construction Group (NOA) Scheduled to Post Earnings on Wednesday

North American Construction Group (TSE:NOA) (NYSE:NOA) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect North American Construction Group to post earnings of C$1.10 per share for the quarter.

North American Construction Group (TSE:NOA) (NYSE:NOA) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.79 by C$0.06. The firm had revenue of C$276.31 million for the quarter, compared to analysts’ expectations of C$314.61 million. North American Construction Group had a return on equity of 15.19% and a net margin of 4.99%.

North American Construction Group Price Performance

Shares of NOA opened at C$24.15 on Wednesday. North American Construction Group has a 52 week low of C$22.68 and a 52 week high of C$34.87. The company has a current ratio of 1.03, a quick ratio of 0.79 and a debt-to-equity ratio of 210.33. The firm has a market cap of C$645.53 million, a price-to-earnings ratio of 13.20, a PEG ratio of 0.79 and a beta of 1.59. The stock has a 50 day moving average of C$25.26 and a 200-day moving average of C$26.91.

North American Construction Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, August 30th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Friday, August 30th. North American Construction Group’s dividend payout ratio (DPR) is presently 21.86%.

Insider Activity at North American Construction Group

In other North American Construction Group news, Director Maryse C. Saint-Laurent acquired 2,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were bought at an average price of C$25.88 per share, with a total value of C$51,760.00. In related news, Director Maryse C. Saint-Laurent acquired 2,000 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average cost of C$25.88 per share, with a total value of C$51,760.00. Also, Director Martin Robert Ferron purchased 3,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were bought at an average price of C$24.15 per share, for a total transaction of C$72,460.80. Insiders have purchased 12,000 shares of company stock worth $290,121 over the last quarter. 8.93% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on NOA. ATB Capital dropped their target price on shares of North American Construction Group from C$45.00 to C$40.00 in a report on Friday, August 2nd. National Bankshares reduced their price objective on North American Construction Group from C$47.00 to C$39.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Ventum Financial reduced their price target on shares of North American Construction Group from C$52.00 to C$47.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Raymond James reduced their target price on shares of North American Construction Group from C$40.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Finally, TD Securities dropped their price target on shares of North American Construction Group from C$34.00 to C$33.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$36.13.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.